SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Alex MG who wrote (22587)8/2/2001 1:12:05 AM
From: Mike M  Respond to of 30051
 
Mums the word.

Valuations are static displays in a dynamic milieu. Markets have proved on many occasions that, in the short run, they will be ignored and, in the long run, they will change. Oddly enough, if we have learned anything we have learned that both price and earnings can fluctuate rather wildly in fairly short periods of times.

Granted we are currently in a liquidity driven market rather than a value driven one. I would expect the latter to initiate bull markets and the former to fuel powerful rallies.